Form 4: Enact Holdings Director Acquires Deferred Stock Units
SEC Form 4 Filing
Director Robert P Restrepo Jr. acquired deferred stock units in Enact Holdings, Inc. as part of his annual retainer fee.
Summary
- On May 14, 2025, Robert P Restrepo Jr., a director of Enact Holdings, Inc., acquired 4,752.852 deferred stock units.
- These units are payable in shares of common stock one year after termination of service as a director.
- The acquisition was part of the reporting person's annual retainer fee.
- The price was based on $35.768 per share of common stock.
- Following the transaction, the reporting person owns 30,024.457 deferred stock units.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company through deferred stock units, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, such as directors, offering insights into their confidence in the company's prospects.
Stakeholder Impact
- The acquisition of deferred stock units by a director can positively influence shareholder sentiment, as it aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | Date of transaction: Acquisition of deferred stock units. |
| 05/16/2025 | Date of signature on the Form 4 filing. |
Keywords
Enact Holdings, Director, Deferred Stock Units, Form 4, Acquisition, Retainer Fee, Robert P Restrepo Jr.
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